Hong Kong (CNN) — China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect …
PROPERTY
China’s economy expands 5% in 2024, hitting target as strong exports, stimulus measures help
Exports accelerated as companies and consumers rushed to beat potential tariff hikes incoming President-elect Donald Trump may impose on Chinese goods. “The national economy was geerally stable with …
China property giant Vanke’s CEO ‘taken away’ by police: report
The head of one of China’s biggest property firms has been “taken away” by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world’s second-largest …
China Vanke’s CEO detained by authorities, state media reports
HONG KONG – China Vanke CEO Zhu Jiusheng was detained by public security authorities on Wednesday and a Shenzhen government task force has stepped in to oversee the property developer’s operation, …
Rio Tinto says China property market shows signs of ‘stabilising’
The mining giant believes demand for iron ore has peaked but remains healthy, and expects demand for the steel-making material will hold steady in 2025.
The China commodities super-cycle is over. Will there be another boom?
China’s massive industrialisation and urbanisation drove a huge commodities boom that has run its course, but some executives are hopeful it will be replaced.
China Is Facing Longest Deflation Streak Since Mao Era in 1960s
China has failed to break a deflationary cycle and is now on track for the longest streak of economy-wide price declines since the 1960s, analysts say, exposing a key vulnerability likely masked by a …
China’s Guangdong sets growth target of around 5% for 2025 despite steady slowdown
China’s manufacturing powerhouse Guangdong has set a growth target of around 5% for 2025, following the lead of other provincial governments in recent days. Guangdong saw economic growth slow steadily …
The China commodities supercycle is over. Will there be another?
Chinese demand for steel and iron ore has finally peaked. The industry hopes the energy transition will spark a new boom, but it will be shaped by geopolitical competition …
China’s Property Giant Country Garden Posts $24.3 Bn Loss For 2023
Country Garden, once China’s largest property developer, reported losses of $24.3 billion in delayed 2023 financial results on Tuesday.
China’s economy seen slowing further in 2024: AFP survey
China’s economic growth likely fell fractionally short of the government’s five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears…
China posts record $992 bil. trade surplus in 2024
China’s trade surplus hit a record high in 2024 with exports leading the country’s economy. Customs authorities say the surplus came to 992.1 billion dollars.
Zambia’s SEC sanctions Standard Chartered over China property bond mis-selling, source says
Zambia’s Securities and Exchange Commission (SEC) has sanctioned Standard Chartered for mis-selling a Chinese property company’s bonds to one of the bank’s local wealth clients at the height of the …
